🇺🇸 President Trump Signs Stablecoin Regulation Act Amid Market Concerns
U.S. President Donald Trump has officially signed the Stablecoin Regulation Act, marking a major step toward formalizing digital dollar oversight. The legislation aims to introduce clear legal frameworks for stablecoin issuers like USDC and USDT, addressing concerns around transparency, consumer protection, and systemic risk.
💬 While the crypto industry sees this as a move toward legitimacy, critics worry about increased federal control and potential restrictions on innovation.
📉 Market reactions are mixed, with stablecoin volumes holding steady but investor sentiment cautious as regulators begin to tighten their grip.
🔍 All eyes now turn to how the Federal Reserve and SEC will enforce these new rules.